MobiKwik FY26 revenue from operations dips, net loss narrows
12 May 2026, 03:57 PMThe company's net loss narrowed to Rs 62.1 crore during the fiscal from Rs 121.5 crore in FY25.
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Fintech company MobiKwik's revenue from operations fell to Rs 1,119.2 crore in the fiscal ended March 31, 2026 as compared to Rs 1,170.1 crore in the previous financial year.
The company's net loss narrowed to Rs 62.1 crore during the fiscal from Rs 121.5 crore in FY25, filings with the stock exchanges show, as expenses fell.
Total expenses dropped to Rs 1,159.3 crore during the financial year compared to Rs 1,271.8 crore reported in FY25.
Employee benefits expenses decreased to Rs 164.8 crore during the fiscal from Rs 170.2 crore in FY25.
On a quarterly basis, MobiKwik clocked an 8% year-on-year increase in revenue from operations to Rs 288.7 crore in Q4 FY26 from Rs 267.7 crore in Q4 FY25.
The Gurugram-based fintech reported a net profit of Rs 4.38 crore in Q4 FY26 against a net loss of Rs 56.03 crore in the same quarter last year.
The company's performance in the second half of FY26 helped it to narrow the losses overall.
Bipin Preet Singh, co-founder, MD & CEO, MobiKwik, said that the company delivered a profitable H2, and achieved a Rs 74.2 crore EBITDA swing.
"Scaling responsibly and building profitability are not at odds; they are firmly aligned. Over the next two years, we will scale up our core business while building four new growth engines: offline and online merchant acquiring, unlocking lending through our NBFC, and AI powering everything we do," added Singh.
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